1. for Stanford University Venture Lab 2012
7th Board Meeting
Date : 16 March 2013 ( Saturday )
Time: London, UK 3.30pm
New York, USA: 10.30am
California, USA: 7.30am
Malaysia: 11.30pm
Conference Call Information : Skype id :BeautyArbitrage
Skype Group : Arbirage
2. Agenda & Purpose
Agenda & Purpose (2 Minutes )
Highlight & lowlights summary (8 Minutes)
Action items from last Board meeting & Progress (24 Minutes)
Key challenges & Decisions / Next step for resolving & implementing
(24 Minutes )
Confirm next Board meeting time and location( 2 Minutes )
3. Highlights & Lowlights
1) Hossam never response after request to sign NDA and Non-competitive
Agreement
2) A Malaysian base in Seattle, US http://venture-
lab.org/advanced_venture/view_profile/110041 contact me after my posting on
Linkedin Group http://www.linkedin.com/groups/Any-team-from-Stanford-
want-
4344783.S.220483320?view=&type=member&gid=4344783&item=220483320
&commentID=0&trk=eml-ntf-hero-like-my-discussion-
view&ut=3eSM0_S957IBE1 . However, She still a bit reluctant to joint our
Board
3) A person base in Panama
http://www.linkedin.com/profile/view?id=22932436&authType=name&authTo
ken=eR-Q&invAcpt=&goback=%2Emid_I2745659161*43_*1 also contact me
after above posting
4. Highlights & Lowlights
4) In sufficient time to launch ebay Australia
5) Sales of 5 yards ribbon http://stores.ebay.co.uk/Arbirage/5-Yards-
/_i.html?_fsub=4315979013&_sid=647055093&_trksid=p4634.c0.m322 has
started but yet to get the desires result . However, all product photo still used 15
yards ribbon photo except sold colour…white
6) We sold Neon Green colour in last 24 hours
7) Devaluation of GBP and appreciation of USD
5. Action item from last meeting &
Progress :
1) Logo coup on Linkedin
Sam
2) Posted blog related to product in stead of
venture on our facebook page but still no
“like”
https://www.facebook.com/#!/Arbiragecom
Cory / Sam
3) Certificate of Sam by Google
Srini
6. Action item from last meeting &
Progress :
3) Team Building
Nevada Corporation : Best Tax Protection http://www.sutlaw.com/nevada/
Wyoming Corporation : Lowest cost http://www.sutlaw.com/nevada/
Delaware Corporation : favorite by investor but highest cost
Malaysia Corporation :
UK address : Done : MappBiz : Sam
California address : have to pay “minimum” USD800 franchise tax yearly regardless of
company make profit or not
New York address : USD225 one off fee
http://www.dos.ny.gov/corps/buscorp.html#appauth
7. Key Challenge & Decision
1) 30,60,90 days plan
1) Technology
2) Brand Building ( Customer )
3) Team Building (Human Resources)
4) Finance
2) 30,60,90 days plan - Base
1) 30 days – Official launch ebay Australia store
2) 60 days - Soft launch Esty Australia store
3) 90 days - separation of ebay store in US and UK
3) Team Building
1) No accomplishment by Team Member – Cultural - Srini
2)Kangie Chan do not oppose to become our Board member. However, unable to wake up
in the morning to attend our meeting.
3) Posting reply on Linkedin Group - http://www.linkedin.com/groups/Any-team-from-
Stanford-want-4344783.S.220483320?qid=36ecf73d-9ab8-4aac-96c7-
4fa695a8355a&trk=group_most_recent_rich-0-b-
ttl&goback=%2Egde_4344783_member_223212559%2Egmr_4344783 -Srini?
8. Key Challenge & Decision
Brand Building
1) No “like” on Facebook despite posting blog related to product in stead of
venture
2) Cory and Sam in charge of US and UK respectively
3) Big Crumb , Mumsnet, AOL
Correspondence address & position in US
California address : have to pay “minimum” USD800 franchise tax yearly regardless of
company make profit or not
New York address : USD225 one of fee
http://www.dos.ny.gov/corps/buscorp.html#appauth
9. Action to be Accomplished :
1) 30,60,90 days Plan
1) Technology – New Team Member
2) Brand Building ( Customer ) – Cory / Sam
3) Team Building (Human Resources) - Srini
4) Finance – Peter
10. Next meeting time & location :
Date : 13 April 2013 ( Saturday )
Time: London, UK 3.30pm
New York, USA: 10.30am
California, USA: 7.30am
Malaysia: 11.30pm
Conference Call Information : Skype id :BeautyArbitrage
Skype Group : Arbirage
